Sport Betting Involves Risk
As fun as sports betting can be, it’s important to recognize the fact that it does involve risk. It doesn’t matter how much you know about sports, you are never going to be able to predict the outcome of events with 100% accuracy. Even if you mostly back big favorites, there is still going to be the occasional upset where things don’t turn out as expected.
Risk is a part of any form of betting, so don’t let this put you off betting on sports. It’s just that you need to be prepared for the possibility of losing money. Most people do lose money overall, and there’s a good chance that you will too. This is why you must player responsibly. You should set a budget to bet with, and only ever use money that you can afford to lose.